Now Market form this structure, Some small fall happening.
Buy AXIS BANK on entry level = 765-770 'AXIS Bank' Target Level = 800 Stoploss = 700-720 AXIS Bank Breakout level = { 770 }
ALERT AT LOWER TRADE LINE IF BREAK EXIT AS STOP LOSS TARGET 825 MAKE AND BREAK LEVEL
Stock has given breakout from a very very important resistance. Buy above 768, TGT 8 to 10% SL 740. For educational purpose only. Kindly contact your financial advisor before entering any trade.
HEAD AND SHOULDER PATTERN FORMED IN AXIS BANK
CHANNEL BREAKOUT ==> AXIS BANK BUY ABOVE 750 TARGET 1 => 759.50, TARGET 2 => 765.50... SL => 746.80
axis bank head and shoulder pattern on weekly chart
Sharp Rise upto 1000 Enrty @ 750 Stop Loss 700 Time Frame - 3 Months
Notes: Might look at taking a long position if the candle manages to close above 755 intraday. Targets would be 760 and maybe 766 for Swing. Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
WATCHOUT FOR A FALL IN AXIS BANK PROPBABLY COULD END UP IN A FALL
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
axis bank looks good for tomorrow first breakout then retest again it can give upmove
Weekly time frame; Inverted head and shoulder pattern
Price breaking the descending channel pattern and nearing the supply zone. If breaks the supply zone then it should reach the previous high.